摘要：This paper reviews various approaches to the measurement of core inflation that have been proposed
over the years using the stochastic approach to index numbers as a unifying framework. It
begins with a review of how the concept of core inflation is used by the world¡¯s major central banks,
including some of the inflation-targeting central banks. The author provides a comprehensive
review of many of the measures of core inflation that have been developed over the years and
highlights some of the conceptual and practical problems associated with them. (JEL E31, C43)
